China will come under renewed pressure this weekend to begin strengthening its currency when three of Europe’s most senior economic policymakers visit the country.
Ten days after Barack Obama, US president, called for an appreciation of the renminbi during a trip to Beijing, a similar case will be made by Jean-Claude Trichet, European Central Bank president, Joaquin Almunia, the European Union’s economic affairs commissioner, and Jean-Claude Juncker, the Luxembourg prime minister who chairs eurozone finance minister meetings.
